Toyota Expands To Emerging Markets
Toyota (NYSE: TM) announced it would move more aggressively into emerging markets. The WSJ reports that Toyota, Japan’s biggest car maker by volume, plans to sell more than 1 million subcompacts in more than…
Cars and Drivers
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Newest first · Page 291The Most Dangerous States to Drive In
According to the U.S. Centers for Disease Control, more Americans aged five to 34 are killed in motor vehicle crashes than from any other single cause. Despite this disturbing fact, a study released this…
Mazda And Fiat Build A Sports Car
Fiat and Mazda will build a small convertible together. Fiat is the controlling shareholder of Chrysler. The deal is an example of how large car companies which face slow sales in Europe and slowing…
Ford Gets ‘Investment Grade’ Rating At Moody’s
Ford Motor Company (NYSE: F) is now considered ‘investment grade’ at Moody’s after a late-day upgrade. Moody’s Investors Service raised the senior unsecured ratings of Ford to Baa3 from Ba2, which is the lowest range…
GM Could Be Upgraded To ‘Investment Grade’ at Moody’s
General Motors Company (NYSE: GM) may soon get to be an ‘investment grade’ company on its credit ratings. While this might not mean much on the equity level of the company, the news implications are…
The Ten Most Expensive Cars to Own
The cost of a luxury automobile does not end with its purchase price — it begins there. The true ownership costs are often much more than what customers perceive, after repairs, insurance, interest and…
As European Car Sales Slide, the Industry Gets Desperate
The European Automobile Manufacturers Association (ACEA) announced that April sales of cars and light trucks in the region were “6.9% less than in the same month of 2011.” That means only 1,017,912 new passenger cars were…
GM Drops Facebook Ads
courtesy Facebook Inc.In a glancing blow to Facebook Inc.’s coming IPO, one the of the three largest US advertisers in all media, General Motors Co. (NYSE: GM), will stop advertising on the social networking…
Luxury Cars On A Rise
The luxury car market around the world continues to explode as the relatively small portion of the globe’s population which is rich consumer at extraordinary levels. VW reports that its goal to sell 1.5…
Toyota’s Earnings Surge and Brand Power
After a three-year period in which Toyota (NYSE: TM) recalled more than eight million cars worldwide for problems that included faulty accelerators, as well as natural disasters in Japan and Thailand that badly damaged…
Avis Earnings Hit Revised Forecast, Investors Still Cautious (CAR, HTZ, DTG)
Last week Avis Budget Group Inc. (NASDAQ: CAR) raised its first quarter adjusted EPS estimate from a loss of -$0.19 to a gain of $0.13. Apparently no one believed the company because the consensus…
Europe Results Rip GM
Results from Europe hurt GM (NYSE: GM) sales in the latest quarter, hurting numbers as it did with Ford (NYSE: F) GM’s Opel division has been a problem for some time. The company is…
The Cars Americans Will Not Buy
April car sales data are out, and they are not cause for celebration. Though sales are up 2% overall from last April, they have cooled somewhat since the February and March run. There are a…
Chrysler Keeps Plants Open
The improbable recovery of Chrysler continues, just three years after a government supported Chapter 11. Most analysts believed that Chrysler would never have the funds to launch enough new vehicles to compete with larger…
Toyota’s Big Comeback
Toyota (NYSE: TM) has finally started its US sales comeback, after over a year of shocking volume drops due mostly to the Japanese earthquake and low supplies of parts. The sales levels of many…